Charter Hall Retail REIT divests Brickworks Marketplace at 4.9% premium
Charter Hall Retail REIT (CQR) has settled the sale of its asset in South Australia, Brickworks Marketplace, for AUD85 million.…
BWP Trust projects no change to distribution for 1H 2023
Australian Securities Exchange (ASX)-listed REIT BWP Trust has given guidance that it will pay a distribution of 9.27 cents per…
Dexus Industrial REIT divests Knoxfield assets at discount
Dexus Industrial REIT (DXI) has exchanged contracts to divest its assets at 3 & 4 Forbes Close, Knoxfield, Victoria for…
Dexus Industrial REIT disposes Queensland asset in bid to reduce gearing
Dexus Industrial REIT is disposing of its asset at 16-28 Quarry Road in Stapylton, Queensland for AUD66.9 million. The divestment…
Australian office REITs to remain resilient despite rising rates, says S&P
Rising interest rates will raise borrowing costs and dampen portfolio value of REITs in general, but Australia office REITs with…
Vicinity Centres reports 13% growth in retail sales for 3Q
Vicinity Centres has reported retail sales figures for its 3Q, and expects funds from operations (FFO) for FY2023 to come…
BWP Trust reports 3.6% rise in total income for 2H 2022
Australian REIT BWP Trust reported on 8 February that its total income for the half-year ended 31 December 2022 was…
Arena REIT upbeat on prospects given record female workforce participation
Arena REIT has struck an optimistic note on its prospects in the near future, given the record female workforce participation…
Charter Hall Long WALE REIT acquires 25% stake in Geoscience Australia property
Charter Hall Long WALE REIT has acquired a 25% interest in the asset occupied by Geoscience Australia in Canberra. The…
Australian REITs better prepared now compared to 2008 crisis, says S&P Global
Rising interest rates will pose headwinds for Australian REITs but the sector is largely better prepared for financial calamities when…